ALJ’s non-consolidated financial report closing December 2018 shows that sales amounted to JPY103.631 billion up 4.2% with an operating income of JPY13.614 billion down 4.1%, an ordinary profit of JPY16.538 billion down 18.1% and the net profit for the term of JPY14.150 billion down 4.7%.

In case of the company of which business consists mostly of the domestic industrial gases only, the corporate business condition reflects the domestic industrial gas market itself for the same period.

ALJ’s industrial gas business went on at a good pace for the electronics, food and space industries, while the sales to the shipbuilding and glass industries stayed sluggish. As for the medical field, the homecare-related CPAP business increased although the medical oxygen and liquid helium business for MRI stayed stagnant.

In terms of profit, the gas production cost was pushed up due to the electricity cost-hike throughout the year causing pressure on profit.